Question

9. Nick Antonelli sells for Discount Appliance, Inc. His weekly base salary is
$400 plus 5 percent of all his sales. One week he had $9,860 in sales.
a. What was his gross pay for that week?
b. If he received a 6 percent merit increase in his base salary, what would
his gross pay be in a week in which he had $9,860 in sales?
c. If he received a 10 percent merit increase in his rate of commission but
had the same $400 weekly base, what would his gross pay be in a week in
which he had $9,860 in sales?

Answer 1

When the base salary was $400 with 5% commission gross pay was $893.00

When the base salary increased by 6% with 5% commission gross pay was $917.00

When base salary was $400 and the commission increased to 15% gross pay was $1,879.00

What is the gross pay of Nick Antonelli?

The gross pay is the base salary of $400 plus 5% of all his sales

base salary=$400

sales revenue=$9,860

5% of all sales=5%*$9,860

5% of all sales=$493.00

gross pay=$400.00+$493.00

gross pay=$893.00

What is the new base salary with a 6% increase?

new base salary=$400*(1+6%)

new base salary=$424.00

5% of all sales=$493.00

gross pay=$424.00+$493.00

gross pay=$917.00

What is the new commission rate with a 10% increase?

The new commission rate is 15%(10%+5%)

new commission=15%*$9860

new commission=$1,479

gross pay=$400+$1479

gross pay=$1,879.00

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